An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
Currencies
Business /  Companies

Hong Kong’s monetary authority steps in for the second day to douse city’s overheating currency as rate gap widens

  • The Hong Kong Monetary Authority (HKMA) sold US$200 million worth of Hong Kong dollars on Tuesday
  • The HKMA upped its game Wednesday, selling US$360 million worth of Hong Kong dollars

Topic |   Currencies
Enoch Yiu
Enoch Yiu

Updated: 2:11pm, 22 Apr, 2020

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An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
An employee counts US$100 banknotes at the Hang Seng Bank headquarters in Hong Kong on Tuesday, April 16, 2019. Photo: Bloomberg
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